Gorman-Rupp Co-The

Gorman-Rupp Co. has reaffirmed its commitment to shareholder returns by increasing its quarterly dividend for the 53rd consecutive year, despite facing Q3 performance challenges due to a broader industrial slowdown and margin pressures.

Gorman-Rupp Co-The has secured a S$30.38 million construction contract in Australia, marking a strategic expansion for the industrial machinery manufacturer and positioning it for growth in the construction and industrial sectors.